Agricultural Insurance in Latin America : Developing the Market

The study focuses on how agricultural insurance can complement and enhance agricultural risk management in Latin America and Caribbean (LAC). The overall objective of this study is to provide the key elements for a strategy to increase the penetrat...

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Bibliographic Details
Main Author: World Bank
Format: Other Agricultural Study
Language:English
Published: World Bank 2012
Subjects:
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20110610020713
http://hdl.handle.net/10986/2990
id okr-10986-2990
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ABSENCE OF INSURANCE
ADMINISTRATIVE COSTS
AGENTS
AGRIBUSINESS ENTERPRISES
AGRICULTURAL DEVELOPMENT
AGRICULTURAL DEVELOPMENT BANKS
AGRICULTURAL EXTENSION
AGRICULTURAL FINANCE
AGRICULTURAL INSURANCE
AGRICULTURAL INSURANCE SYSTEM
AGRICULTURAL PRODUCTION
AGRICULTURAL SECTOR
ANIMAL HEALTH
ATLANTIC HURRICANES
BANKS
CLIMATES
COMMERCIAL BANKS
COMMERCIAL CREDIT
COMMERCIAL FARMERS
COMMERCIAL INSURANCE
COMMERCIAL REINSURERS
COOPERATIVES
CREDIT FACILITY
CREDIT INSURANCE
CREDIT PROGRAMS
CROP DIVERSIFICATION
CROP INSURANCE
CROP INSURANCE PROGRAM
CROP PRODUCTION
CYCLONE ACTIVITY
DERIVATIVES
DISASTER
DISASTER AID
DISASTER ASSISTANCE
DISASTER COMPENSATION
DISASTER RELIEF
DISASTERS
DROUGHT
DROUGHTS
EARTHQUAKE
EARTHQUAKES
EASTERN EQUATORIAL PACIFIC
ECONOMIC ACTIVITY
ECONOMIC GROWTH
EMISSIONS
ENSO
ENTREPRENEURS
EXTREME POVERTY
FARM WORK
FARMER
FARMING SYSTEMS
FATALITIES
FIDUCIARY
FINANCIAL ASSISTANCE
FINANCIAL CHALLENGES
FINANCIAL CRISIS
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL MARKETS
FINANCIAL MECHANISMS
FINANCIAL NEEDS
FINANCIAL PERFORMANCE
FINANCIAL PRODUCTS
FINANCIAL RISK
FINANCIAL RISK MANAGEMENT
FINANCIAL SECTOR
FINANCIAL SUPPORT
FINANCIAL SYSTEM
FIRE
FLOOD
FLOODING
FLOODS
FOOD SERVICES
FORESTRY INSURANCE
HAILSTORM
HAILSTORMS
HEALTH CARE
HOUSEHOLD INCOME
HURRICANE
HURRICANE CENTER
HURRICANES
INCIDENCE OF POVERTY
INCOME
INDEMNITY
INDEMNITY INSURANCE
INEQUALITY
INSTITUTIONAL CAPACITY
INSURABLE INTEREST
INSURANCE COMPANIES
INSURANCE COMPANY
INSURANCE CONTRACTS
INSURANCE COVERAGE
INSURANCE CULTURE
INSURANCE GUARANTEE
INSURANCE INDUSTRY
INSURANCE INSTRUMENTS
INSURANCE MARKET
INSURANCE MARKETS
INSURANCE PREMIUM
INSURANCE PREMIUMS
INSURANCE PRODUCT
INSURANCE PRODUCTS
INSURANCE SCHEME
INSURANCE SCHEMES
INSURANCE SECTOR
INSURANCE SOLUTIONS
INSURER
INSURERS
INTERNATIONAL FINANCE
IRRIGATION
LIVESTOCK INSURANCE
LIVESTOCK PRODUCTION
MARKET PENETRATION
NATURAL DISASTER
NATURAL DISASTERS
NONFARM INCOME
OSCILLATION EVENTS
POOR
PORTFOLIO
POVERTY DATA
POVERTY LINE
POVERTY RATES
PRIVATE INSURANCE
REGULATORY FRAMEWORK
REINSURANCE
REINSURANCE CAPACITY
REINSURANCE MARKETS
REINSURER
REINSURERS
RISK ASSESSMENT
RISK DIVERSIFICATION
RISK MANAGEMENT
RISK MITIGATION
RISK SHARING
RISK TRANSFER
RURAL
RURAL AREAS
RURAL BANKS
RURAL COMMUNITIES
RURAL CREDIT
RURAL FINANCE
RURAL PEOPLE
RURAL POOR
RURAL POPULATION
RURAL POVERTY
RURAL SECTOR
SAFETY
SAFETY NETS
SAVINGS
SEA SURFACE TEMPERATURES
SMALLHOLDER FARMERS
SOCIAL FUNDS
SOUTHERN OSCILLATION
STOCKS
SUBSISTENCE CROPS
SUBSISTENCE FARMERS
TARGETING
TECTONIC PLATE
TECTONIC PLATES
TIDAL WAVES
TORNADO
TORNADOES
TRANSACTION COSTS
TROPICAL CYCLONE
TROPICAL CYCLONE ACTIVITY
TROPICAL CYCLONES
TROPICAL STORM
TROPICAL STORMS
TSUNAMI
TSUNAMIS
UNDERWRITING
VOLCANIC ERUPTION
VOLCANIC ERUPTIONS
VOLCANO
VOLCANOES
WIND SPEEDS
WINTER STORM
WINTER STORMS
spellingShingle ABSENCE OF INSURANCE
ADMINISTRATIVE COSTS
AGENTS
AGRIBUSINESS ENTERPRISES
AGRICULTURAL DEVELOPMENT
AGRICULTURAL DEVELOPMENT BANKS
AGRICULTURAL EXTENSION
AGRICULTURAL FINANCE
AGRICULTURAL INSURANCE
AGRICULTURAL INSURANCE SYSTEM
AGRICULTURAL PRODUCTION
AGRICULTURAL SECTOR
ANIMAL HEALTH
ATLANTIC HURRICANES
BANKS
CLIMATES
COMMERCIAL BANKS
COMMERCIAL CREDIT
COMMERCIAL FARMERS
COMMERCIAL INSURANCE
COMMERCIAL REINSURERS
COOPERATIVES
CREDIT FACILITY
CREDIT INSURANCE
CREDIT PROGRAMS
CROP DIVERSIFICATION
CROP INSURANCE
CROP INSURANCE PROGRAM
CROP PRODUCTION
CYCLONE ACTIVITY
DERIVATIVES
DISASTER
DISASTER AID
DISASTER ASSISTANCE
DISASTER COMPENSATION
DISASTER RELIEF
DISASTERS
DROUGHT
DROUGHTS
EARTHQUAKE
EARTHQUAKES
EASTERN EQUATORIAL PACIFIC
ECONOMIC ACTIVITY
ECONOMIC GROWTH
EMISSIONS
ENSO
ENTREPRENEURS
EXTREME POVERTY
FARM WORK
FARMER
FARMING SYSTEMS
FATALITIES
FIDUCIARY
FINANCIAL ASSISTANCE
FINANCIAL CHALLENGES
FINANCIAL CRISIS
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL MARKETS
FINANCIAL MECHANISMS
FINANCIAL NEEDS
FINANCIAL PERFORMANCE
FINANCIAL PRODUCTS
FINANCIAL RISK
FINANCIAL RISK MANAGEMENT
FINANCIAL SECTOR
FINANCIAL SUPPORT
FINANCIAL SYSTEM
FIRE
FLOOD
FLOODING
FLOODS
FOOD SERVICES
FORESTRY INSURANCE
HAILSTORM
HAILSTORMS
HEALTH CARE
HOUSEHOLD INCOME
HURRICANE
HURRICANE CENTER
HURRICANES
INCIDENCE OF POVERTY
INCOME
INDEMNITY
INDEMNITY INSURANCE
INEQUALITY
INSTITUTIONAL CAPACITY
INSURABLE INTEREST
INSURANCE COMPANIES
INSURANCE COMPANY
INSURANCE CONTRACTS
INSURANCE COVERAGE
INSURANCE CULTURE
INSURANCE GUARANTEE
INSURANCE INDUSTRY
INSURANCE INSTRUMENTS
INSURANCE MARKET
INSURANCE MARKETS
INSURANCE PREMIUM
INSURANCE PREMIUMS
INSURANCE PRODUCT
INSURANCE PRODUCTS
INSURANCE SCHEME
INSURANCE SCHEMES
INSURANCE SECTOR
INSURANCE SOLUTIONS
INSURER
INSURERS
INTERNATIONAL FINANCE
IRRIGATION
LIVESTOCK INSURANCE
LIVESTOCK PRODUCTION
MARKET PENETRATION
NATURAL DISASTER
NATURAL DISASTERS
NONFARM INCOME
OSCILLATION EVENTS
POOR
PORTFOLIO
POVERTY DATA
POVERTY LINE
POVERTY RATES
PRIVATE INSURANCE
REGULATORY FRAMEWORK
REINSURANCE
REINSURANCE CAPACITY
REINSURANCE MARKETS
REINSURER
REINSURERS
RISK ASSESSMENT
RISK DIVERSIFICATION
RISK MANAGEMENT
RISK MITIGATION
RISK SHARING
RISK TRANSFER
RURAL
RURAL AREAS
RURAL BANKS
RURAL COMMUNITIES
RURAL CREDIT
RURAL FINANCE
RURAL PEOPLE
RURAL POOR
RURAL POPULATION
RURAL POVERTY
RURAL SECTOR
SAFETY
SAFETY NETS
SAVINGS
SEA SURFACE TEMPERATURES
SMALLHOLDER FARMERS
SOCIAL FUNDS
SOUTHERN OSCILLATION
STOCKS
SUBSISTENCE CROPS
SUBSISTENCE FARMERS
TARGETING
TECTONIC PLATE
TECTONIC PLATES
TIDAL WAVES
TORNADO
TORNADOES
TRANSACTION COSTS
TROPICAL CYCLONE
TROPICAL CYCLONE ACTIVITY
TROPICAL CYCLONES
TROPICAL STORM
TROPICAL STORMS
TSUNAMI
TSUNAMIS
UNDERWRITING
VOLCANIC ERUPTION
VOLCANIC ERUPTIONS
VOLCANO
VOLCANOES
WIND SPEEDS
WINTER STORM
WINTER STORMS
World Bank
Agricultural Insurance in Latin America : Developing the Market
geographic_facet Latin America & Caribbean
Caribbean
description The study focuses on how agricultural insurance can complement and enhance agricultural risk management in Latin America and Caribbean (LAC). The overall objective of this study is to provide the key elements for a strategy to increase the penetration of agricultural insurance in the region. The study is organized into five chapters, including this introduction. Chapter two provides an overview of the agricultural sector in LAC, including a description of the main farming systems and an assessment of the main perils affecting production. Chapter three describes the current provision of agricultural insurance, describing the evolution of agricultural insurance, providing the current market figures, assessing the availability of agricultural insurance products, describing government support to agricultural insurance, and estimating the current levels of penetration. Chapter four focuses on the challenges in attempting to increase coverage and penetration. It assesses the current gaps in the provision of agricultural insurance, identifies opportunities for further development, and recommends some future actions that can be taken. Finally, chapter five presents the conclusions of the study.
format Economic & Sector Work :: Other Agricultural Study
author World Bank
author_facet World Bank
author_sort World Bank
title Agricultural Insurance in Latin America : Developing the Market
title_short Agricultural Insurance in Latin America : Developing the Market
title_full Agricultural Insurance in Latin America : Developing the Market
title_fullStr Agricultural Insurance in Latin America : Developing the Market
title_full_unstemmed Agricultural Insurance in Latin America : Developing the Market
title_sort agricultural insurance in latin america : developing the market
publisher World Bank
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20110610020713
http://hdl.handle.net/10986/2990
_version_ 1764386297420447744
spelling okr-10986-29902021-04-23T14:02:06Z Agricultural Insurance in Latin America : Developing the Market World Bank ABSENCE OF INSURANCE ADMINISTRATIVE COSTS AGENTS AGRIBUSINESS ENTERPRISES AGRICULTURAL DEVELOPMENT AGRICULTURAL DEVELOPMENT BANKS AGRICULTURAL EXTENSION AGRICULTURAL FINANCE AGRICULTURAL INSURANCE AGRICULTURAL INSURANCE SYSTEM AGRICULTURAL PRODUCTION AGRICULTURAL SECTOR ANIMAL HEALTH ATLANTIC HURRICANES BANKS CLIMATES COMMERCIAL BANKS COMMERCIAL CREDIT COMMERCIAL FARMERS COMMERCIAL INSURANCE COMMERCIAL REINSURERS COOPERATIVES CREDIT FACILITY CREDIT INSURANCE CREDIT PROGRAMS CROP DIVERSIFICATION CROP INSURANCE CROP INSURANCE PROGRAM CROP PRODUCTION CYCLONE ACTIVITY DERIVATIVES DISASTER DISASTER AID DISASTER ASSISTANCE DISASTER COMPENSATION DISASTER RELIEF DISASTERS DROUGHT DROUGHTS EARTHQUAKE EARTHQUAKES EASTERN EQUATORIAL PACIFIC ECONOMIC ACTIVITY ECONOMIC GROWTH EMISSIONS ENSO ENTREPRENEURS EXTREME POVERTY FARM WORK FARMER FARMING SYSTEMS FATALITIES FIDUCIARY FINANCIAL ASSISTANCE FINANCIAL CHALLENGES FINANCIAL CRISIS FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL MECHANISMS FINANCIAL NEEDS FINANCIAL PERFORMANCE FINANCIAL PRODUCTS FINANCIAL RISK FINANCIAL RISK MANAGEMENT FINANCIAL SECTOR FINANCIAL SUPPORT FINANCIAL SYSTEM FIRE FLOOD FLOODING FLOODS FOOD SERVICES FORESTRY INSURANCE HAILSTORM HAILSTORMS HEALTH CARE HOUSEHOLD INCOME HURRICANE HURRICANE CENTER HURRICANES INCIDENCE OF POVERTY INCOME INDEMNITY INDEMNITY INSURANCE INEQUALITY INSTITUTIONAL CAPACITY INSURABLE INTEREST INSURANCE COMPANIES INSURANCE COMPANY INSURANCE CONTRACTS INSURANCE COVERAGE INSURANCE CULTURE INSURANCE GUARANTEE INSURANCE INDUSTRY INSURANCE INSTRUMENTS INSURANCE MARKET INSURANCE MARKETS INSURANCE PREMIUM INSURANCE PREMIUMS INSURANCE PRODUCT INSURANCE PRODUCTS INSURANCE SCHEME INSURANCE SCHEMES INSURANCE SECTOR INSURANCE SOLUTIONS INSURER INSURERS INTERNATIONAL FINANCE IRRIGATION LIVESTOCK INSURANCE LIVESTOCK PRODUCTION MARKET PENETRATION NATURAL DISASTER NATURAL DISASTERS NONFARM INCOME OSCILLATION EVENTS POOR PORTFOLIO POVERTY DATA POVERTY LINE POVERTY RATES PRIVATE INSURANCE REGULATORY FRAMEWORK REINSURANCE REINSURANCE CAPACITY REINSURANCE MARKETS REINSURER REINSURERS RISK ASSESSMENT RISK DIVERSIFICATION RISK MANAGEMENT RISK MITIGATION RISK SHARING RISK TRANSFER RURAL RURAL AREAS RURAL BANKS RURAL COMMUNITIES RURAL CREDIT RURAL FINANCE RURAL PEOPLE RURAL POOR RURAL POPULATION RURAL POVERTY RURAL SECTOR SAFETY SAFETY NETS SAVINGS SEA SURFACE TEMPERATURES SMALLHOLDER FARMERS SOCIAL FUNDS SOUTHERN OSCILLATION STOCKS SUBSISTENCE CROPS SUBSISTENCE FARMERS TARGETING TECTONIC PLATE TECTONIC PLATES TIDAL WAVES TORNADO TORNADOES TRANSACTION COSTS TROPICAL CYCLONE TROPICAL CYCLONE ACTIVITY TROPICAL CYCLONES TROPICAL STORM TROPICAL STORMS TSUNAMI TSUNAMIS UNDERWRITING VOLCANIC ERUPTION VOLCANIC ERUPTIONS VOLCANO VOLCANOES WIND SPEEDS WINTER STORM WINTER STORMS The study focuses on how agricultural insurance can complement and enhance agricultural risk management in Latin America and Caribbean (LAC). The overall objective of this study is to provide the key elements for a strategy to increase the penetration of agricultural insurance in the region. The study is organized into five chapters, including this introduction. Chapter two provides an overview of the agricultural sector in LAC, including a description of the main farming systems and an assessment of the main perils affecting production. Chapter three describes the current provision of agricultural insurance, describing the evolution of agricultural insurance, providing the current market figures, assessing the availability of agricultural insurance products, describing government support to agricultural insurance, and estimating the current levels of penetration. Chapter four focuses on the challenges in attempting to increase coverage and penetration. It assesses the current gaps in the provision of agricultural insurance, identifies opportunities for further development, and recommends some future actions that can be taken. Finally, chapter five presents the conclusions of the study. 2012-03-19T10:26:34Z 2012-03-19T10:26:34Z 2010-12-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20110610020713 http://hdl.handle.net/10986/2990 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank Economic & Sector Work :: Other Agricultural Study Latin America & Caribbean Caribbean